How to Strengthen Your Cyber Insurance Recovery Strategy – Peter Halprin Featured in Business Insurance
Following Partner Peter Halprin’s presentation at the Risk & Insurance Management Society’s TechRisk/RiskTech conference on January 26, 2022, Business Insurance recapped key takeaways on how to maximize insurance claim recoveries and proactive measures risk management professionals can take before cyber claims arise.
“In most instances, having standalone cyber coverage has proven to provide the most comprehensive coverage in the cyber realm, but coverage can potentially be found in property, employment practice liability and directors & officers insurance policies,” Peter said.
He also advised companies to have a response plan in place if there is a cyber incident and know what each person does: “There must be people internally and externally who manage issues, including those that are legal and insurance related, so you can hit the ground running.”
Read the full Business Insurance article here.